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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:

Question 1

Who of the following CANNOT be covered by a Closing Protection Letter?

A. Purchaser/buyer.
B. Lender.
C. Seller.
D. Escrow agent.

Question 2

A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a

A. post policy event.
B. standard exception.
C. requirement.
D. condition.

Question 3

Which property type includes all lands, man-made improvements, anything growing on the lands, as well as interests, or "rights," including future occupancy, reversion, and the use of surface and air space?

A. Tangible
B. Personal
C. Intangible
D. Real

Question 4

Which of the following is considered an involuntary lien?

A. HELOC loan
B. federal tax lien
C. a life estate reservation
D. deed restriction

Question 5

The MAIN purpose of insurance is to

A. transfer risk.
B. retain risk.
C. alter risk.
D. reduce risk.

Solutions: